Iraq Oil

Hussein said he hopes the parties reach an agreement soon, according to the st Iraq in talks with Halliburton, Saudi Aramco to develop oil, gas in western desert Verity Ratcliffe 2/22/2022 (Bloomberg) — Iraq is in talks with Halliburton Co. and Saudi Arabia’s Aramco to carry out oil and gas developments in the west of the […]

Over the last four weeks total stockpiles, including the Strategic Petroleum Reserve, have fallen at a rate of 1.15 million barrels a day, marking the largest four-week decline on a rolling basis in Energy Information Administration Data going back to 1982. Meanwhile, Nymex calendar spreads rallied Wednesday, with the September West Texas Intermediate futures contract

News last week that U.K. oil super-major, BP, is working on a plan to spin off its operations in Iraq’s supergiant Rumaila oil field into a stand-alone company had an extremely familiar ring about it to those who have been in the oil markets business for a while. It was exceptionally reminiscent of the withdrawal

Baghdad, Iraq (CNN)An estimated $150 billion of stolen money has been smuggled out of Iraq in corrupt deals since the US-led invasion of Iraq in 2003, Iraqi President Barham Salih said Sunday.”Of the close to a thousand billion dollars made from oil since 2003, an estimated $150 billion of stolen money has been smuggled out of Iraq,” Salih said

Beijing-based China Petroleum & Chemical Corporation (Sinopec) has won a contract to develop the Iraq Mansuriya gas field near the Iranian border, according to a statement from the country’s Oil Ministry. Beijing-based China Petroleum & Chemical Corporation (Sinopec) has won a contract to develop the Iraq Mansuriya gas field near the Iranian border, according to